Key stats
About Simplify US Equity PLUS Bitcoin Strategy ETF
Home page
Inception date
May 24, 2021
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Simplify Asset Management, Inc.
ISIN
US82889N8487
SPBC adds Bitcoin exposure to a portfolio of US equities. The fund invests at least 80% of its assets in US equity securities, which include common stocks, preferred stocks, or futures on common or preferred stocks via ETFs and futures. SPBC does not hold physical Bitcoin or invest directly in Bitcoin, Bitcoin futures, or other cryptocurrencies. Instead, the fund aims to allocate 10% of its total assets to exchange-traded products (ETPs) that directly hold spot Bitcoin. The adviser selects Bitcoin ETPs that it believes to offer sufficient liquidity and relatively low expenses. The fund generally rebalances this allocation quarterly but may rebalance more frequently to ensure that Bitcoin exposure does not exceed 25% of its assets. Prior to November 1, 2024, the fund was named Simplify US Equity PLUS GBTC ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.01%
Government1.30%
Cash0.47%
Futures−0.78%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPBC top holdings are iShares Core S&P 500 ETF and VanEck Bitcoin ETF, occupying 89.29% and 9.72% of the portfolio correspondingly.
SPBC last dividends amounted to 0.10 USD. The quarter before, the issuer paid 0.08 USD in dividends, which shows a 20.00% increase.
SPBC assets under management is 77.38 M USD. It's risen 3.21% over the last month.
SPBC fund flows account for 32.63 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SPBC pays dividends to its holders with the dividend yield of 0.84%. The last dividend (Jun 30, 2025) amounted to 0.10 USD. The dividends are paid quarterly.
SPBC shares are issued by Simplify Asset Management, Inc. under the brand Simplify. The ETF was launched on May 24, 2021, and its management style is Active.
SPBC expense ratio is 0.76% meaning you'd have to pay 0.76% of your investment to help manage the fund.
SPBC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPBC invests in funds.
SPBC price has risen by 0.90% over the last month, and its yearly performance shows a 21.69% increase. See more dynamics on SPBC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.61% over the last month, showed a 9.92% increase in three-month performance and has increased by 23.92% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.61% over the last month, showed a 9.92% increase in three-month performance and has increased by 23.92% in a year.
SPBC trades at a premium (0.25%) meaning the ETF is trading at a higher price than the calculated NAV.